STATE OF ILLINOIS)
SS)
COUNTY OF DU PAGE)
RESOLUTION DESIGNATING DEPOSITORY
WHEREAS, Maureen Zyburt (hereinafter called Treasurer) of the Community Unit School District 200 has, pursuant to the terms of an Act of the General Assembly of the State of Illinois adopted and now in full force and effect, requested this Community Unit School District 200 to designate a bank or banks, or other depository, in which funds and monies in her custody may be deposited.
NOW, THEREFORE, BE IT RESOLVED BY THE Community Unit School District 200 aforesaid, that Community Bank, JP Morgan Chase Bank, MBFinancial Bank, PMA Financial Network, Inc., Illinois School District Liquid Asset Fund (ISDLAF+) at Harris Bank, PFM Asset Management, LLC, Illinois Funds and Wheaton Bank and Trust are hereby designated as such depositories; and
BE IT FURTHER RESOLVED, THAT THE Treasurer be discharged from responsibility for any such funds or monies so deposited; and
BE IT FURTHER RESOLVED, that no bank herein designated as a depository shall be qualified to receive such funds or monies until it has furnished the Board of Education of Community Unit School District 200 with copies of the last two sworn statements of Accounts, or to the Comptroller of Currency, while acting as such depository; and/or to a designated Certified Public Accounting Firm.
BE IT FURTHER RESOLVED, that is such funds or monies are deposited in any bank herein designated as a depository, the amount of such deposits shall not exceed seventy five percent of the capital stock and surplus of such bank, and the Treasurer, shall not be discharged from responsibility for any such funds or monies deposited in any bank in excess of such limitation.
BY:
President
BY:
Secretary
Dated this 11th day of May, 2011
STATE OF ILLINOIS)
SS)
COUNTY OF DU PAGE)
CERTIFICATE OF MINUTES
I, KENNETH KNICKER, DO HEREBY CERTIFY THAT I am the secretary in and for the Board of Education of Community Unit School District 200; that the foregoing is a true and correct copy of a resolution duly passed by the President and Board of Education of School District 200 being entitled: “Resolution Designating Depositories”, at a regular meeting held on the 11th of May, 2011 the resolution being a part of the official records of said school district.
Secretary, Board of Education
School District 200
Dated this 11th day of May, 2011